NNP

£200,000 in Bills of Credit receivable for taxes pursuant to the April 18, 1786 Act and redeemable by June 1800 were issued. The borders on the sides and the top of the face and the New York State Arms were cut by Peter R. Maverick (1755-1811). Printed by Samuel Loudon. Blank backs. Due to extensive counterfeiting this issue was to be exchanged by June 1789 for the Feb. 8, 1788 emission pursuant to the Feb. 8, 1788 Act, but was extended to Jan. 1, 1791 by the Act of Mar. 8, 1790. Signers were Evert Bancker, John DePeyster, Jonathan Lawrence, William Heyer, and Henry Remsen.

5s EXCELSIOR (Higher) in white [24,000] Fair $1,265 Stack’s October, 2006 
5s EXCELSIOR in black [24,000]
10s [20,000]
£1 [24,000] ▷CF◁
£2 [10,000]
£3 [10,000]
£4 [6,000] ▷CF◁
£5 [4,000]
£10 [6,000] ▷CF◁